Indonesia

Grab to consolidate Indonesian digital Lender Superbank as Singtel transfers stake

Grab Holdings Limited will consolidate PT Super Bank Indonesia Tbk (Superbank) after GXS Bank, its digital banking subsidiary jointly owned with Singapore's Singtel, receives a shareholding transfer from Singtel Alpha Investments.

Vietnam’s EV maker VinFast launches battery-swapping electric motorcycles in Indonesia

VinFast, the electric vehicle maker under Vietnam’s conglomerate Vingroup, has launched an early booking program in Indonesia for three battery-swapping electric motorcycle models — the VinFast Evo, VinFast Feliz II, and VinFast Viper.

Indonesia’s investment app Pluang raises $10M

Indonesia-based investment platform Pluang has raised $10 million in funding while launching Indonesian equities on its app, as the company expands its position in the country’s growing retail investment market.

Danantara pushes SOE digital transformation to boost efficiency, competitiveness

Danantara Indonesia is accelerating digital transformation across Indonesia’s state-owned enterprises (SOEs) as part of efforts to improve efficiency, strengthen inter-company synergies and enhance national competitiveness amid rapid technological change.

Indonesia’s BNPL platform Kredivo acquires nearly full ownership of Vietnam’s Timo Digital Bank

Indonesia’s buy now pay later (BNPL) firm Kredivo has acquired nearly 100 percent of Timo Digital Bank, a Vietnamese digital banking platform developed in cooperation with Vietnamese major lender BVBank.

Indonesia, China Launch Cross-Border QR Payment Linkage

Under the guidance of Bank Indonesia and the People’s Bank of China, Indonesia and China have launched a cross-border QR payment linkage connecting Indonesia’s QRIS payment system with Chinese payment platforms through Alipay+ and UnionPay International.

Singapore’s Princeton Digital Group raises $856M for Indonesia data center

Princeton Digital Group said it has secured approximately $856 million in financing to support the development of its 120-MW JC3 data center campus in Indonesia

Indonesia’s entertainment facilitator TipTip achieves profitability, to expands into experience platform

TipTip, an Indonesia-based technology company operating in the entertainment and experiences sector, has reached company-wide EBITDA profitability in early 2026, marking a key milestone in its development toward a more sustainable and capital-efficient business model.

Indonesia investment startup Recompound introduces performance-based fee model for retail investors

Recompound, an Indonesia-based investment advisory startup, has introduced a performance-based fee model for retail investors, adopting a structure more commonly used in institutional investing.

PDG acquires 240 MW of powered land in Jakarta for data center expansion

Princeton Digital Group (PDG), Singapore-based data center operator, announced Thursday the acquisition of a new site in Greater Jakarta for its newest hyperscale data center campus, JC4.